FINRA postpones arbitration hearings as pandemic disrupts wealth management
March 18, 2020 by Ann Marsh
FINRA postponed all in-person arbitration hearings scheduled to take place before May 1, upping the ante in its efforts to provide regulatory relief and ensure the public safety of advisors, firm clients and FINRA employees amid a pandemic.
“We recognize that this decision may cause inconvenience and we do not make it lightly,” the regulator said in a statement posted to its website. “We are taking this preventative action out of an abundance of caution, in the interest of public safety.”